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Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units

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Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units Sold at Retail March 1 Beginning inventory 170 units @ $52.40 per unit March 5 Purchase 260 units @ $57.40 per unit March 9 Sales 338 units @ $87.40 per unit March 18 Purchase 120 units @ $62.40 per unit March 25 Purchase 220 units @ $64.40 per unit March 29 Sales 200 units @ $97.40 per unit Totals 770 units 530 units Required: 1. Compute cost of goods available for sale and the number of units available for sale Cost of Goods Available for Sale Cost per Cost of Goods Available # of units Unit for Sale Beginning inventory Purchases March 5 March 18 March 25 Total

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